Cash values
Guaranteed insurability means that your classification will never change unless it is to your advantage once the policy is enforced.
Whole life insurance
Cover you and your family for your entire lives from beginning to end and everything in between.
10-pay premiums
Payable for ten years, which provides you with a paid-up policy with no additional premiums due after ten years.
Guaranteed whole life
Guaranteed whole life insurance can offer guaranteed premiums that stay the same from the day you purchase the policy.
Whether you’re just starting or planning for retirement, guaranteed whole life insurance offers a range of guarantees you can count on. Guaranteed whole life insurance can offer guaranteed premiums that stay the same from the day you purchased the policy. This guaranteed death benefit does not change unless you stop paying premiums or reduce your coverage. Guaranteed cash values accumulate on a tax-deferred basis allowing you to start planning immediately. They will never decrease and are not affected by market fluctuations.
Cash values may not be available in the first several policy years and would be reduced by any indebtedness at the time of surrender. Guaranteed insurability means that your classification will never change unless it is to your advantage once the policy is enforced. Guaranteed paid-up values are stated upfront each policy year, so you know where you stand if you should decide to stop paying premiums. Pay it up. The insurance is the death benefit you receive if premiums are no longer paid, causing less indebtedness.
Songer benefits offer a wide range of guaranteed whole life insurance products. We also offer universal and term life insurance from many different A-rated life insurance companies in West Virginia. For more information on unguaranteed life insurance, please get in touch with Songer Benefits and speak to a licensed professional.